
Environment | |
The Economics Of Recycling |
Many communities began voluntary or mandatory recycling programs in the late 1980s based on claims that recycling trash could achieve significant energy savings and environmental benefits, says a Congressional Quarterly study.
Critics say those products which it makes economic sense to recycle would be recovered without subsidized or mandatory programs, and that for many materials residential recycling makes little economic or environmental sense. For example:
Since the market for paper -- which is nearly 85 percent of all recycled materials -- collapsed in 1995, politicians are reportedly taking a more skeptical view of recycling programs. Many cities hoped to finance recycling programs from sales of recovered materials. But the price of newsprint, for instance, fell from more than $100 a ton in 1995 to $15 in 1997; thus collection programs require subsidies to operate. Source: "The Economics of Recycling," Congressional Quarterly Researcher, March 27, 1998. |
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